PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1795416
PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1795416
The AI platform market is expanding rapidly, with a projected market size rising from USD 18.22 billion in 2025 to USD 94.30 billion by 2030, at a CAGR of 38.9% during the forecast period. The market is driven by the increasing demand for automation, growing adoption of AI across industries (healthcare, finance, and retail), and advancements in machine learning and cloud computing.
Scope of the Report | |
---|---|
Years Considered for the Study | 2020-2030 |
Base Year | 2024 |
Forecast Period | 2025-2030 |
Units Considered | USD (Million) |
Segments | Offering, Functionality, User Type, End User, and Region |
Regions covered | North America, Europe, Asia Pacific, Middle East & Africa, and Latin America |
Businesses seek efficiency and data-driven decision-making, further fuelling demand. However, restraints include high implementation costs and regulatory challenges, which can slow down adoption and scalability.
"By platform type, AI infrastructure & enablement is expected to account for the second fastest growth rate during the forecast period"
By platform type, the AI infrastructure & enablement segment is expected to account for the second fastest growth rate during the forecast period in the AI platform market. This growth is driven by the rising demand for high-performance computing resources, data storage, and scalable cloud infrastructure needed to support complex AI workloads. Organizations increasingly require robust infrastructure to train, deploy, and manage AI models efficiently. Key components include GPUs, data lakes, ML frameworks, and orchestration tools. The increase in AI adoption across various industries is driving greater investment in supporting technologies.
"By enterprise end user, software & technology segment will hold the largest market share during the forecast period"
By enterprise end user, the software & technology segment is expected to hold the largest market share in the AI platform market during the forecast period. This is primarily due to the sector's early adoption and integration of AI for software development, cybersecurity, data analytics, and IT operations. Tech companies are at the forefront of innovation, investing heavily in AI to enhance product offerings, improve customer experience, and gain a competitive advantage. Their infrastructure is also well-suited to support AI platforms, including robust cloud environments and data processing capabilities.
Additionally, the availability of skilled professionals in this sector enables faster deployment and scaling of AI solutions. As a result, the software & technology industry continues to lead AI adoption among enterprise end users.
"North America leads in market share while Asia Pacific emerges as the fastest-growing region in the AI platform market"
North America leads in market share, while Asia Pacific emerges as the fastest-growing region in the AI platform market. North America's dominance is attributed to its strong technological ecosystem, early adoption of AI across industries, and presence of major AI platform providers such as Google, Microsoft, and IBM. The region benefits from high R&D investment, advanced infrastructure, and a large pool of skilled professionals.
In contrast, Asia Pacific is experiencing the fastest growth due to increasing digital transformation, government-led AI initiatives, and growing adoption in China, India, and Japan. Rapid industrialization, expanding tech startups, and rising demand for automation in sectors such as manufacturing, healthcare, and finance are driving this growth. While North America sets the pace in maturity, Asia Pacific is quickly narrowing the gap with aggressive investments and innovation.
Breakdown of Primaries
In-depth interviews were conducted with chief executive officers (CEOs), innovation and technology directors, system integrators, and executives from various key organizations operating in the AI platform market.
The report includes a study of key players in the AI platform market. It profiles major market vendors, including Google (US), Microsoft (US), IBM (US), Intel (US), Infosys (India), Wipro (India), Salesforce (US), HPE (US), Insight (US), NVIDIA (US), Alibaba Cloud (China), AWS (US), SAP (Germany), Palantir (US), Oracle (US), ServiceNow (US), Databricks (US), OpenAI (US), Altair (US), Dataiku (US), Cohere (Canada), H2O.ai (US), Vital AI (US), Rainbird Technologies (UK), Arize AI (US), CalypsoAI (US), Clarifai (US), Anyscale (US), Weights & Biases (US), Iguazio (Israel), Mistral AI (France), Baseten (US), Lightning AI (US), and Anthropic (US).
Research Coverage
This research report categorizes the AI platform market based on offering (platform type (AI development platforms, AI lifecycle management platforms, and AI infrastructure & enablement), and deployment mode (cloud & on-premises)), functionality (data management & preparation, model development & training, model deployment & serving, monitoring & maintenance, model governance & compliance, model fine-tuning & personalization, explainability & bias tools, and security & privacy), user type (data scientists & ML engineers, MLOps/AI engineers, business analysts & citizen developers, AI product managers, and IT & cloud architects), end user (individual and enterprises (healthcare & life sciences, BFSI, retail & e-commerce, transportation & logistics, automotive & mobility, telecommunications, government & defence, energy & utilities, manufacturing, software & technology, media and entertainment, and others), and region (North America, Europe, Asia Pacific, Middle East & Africa, and Latin America).
The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the AI platform market. A detailed analysis of the key industry players was done to provide insights into their business overview, solutions, and services; key strategies; contracts, partnerships, agreements, new product & service launches, and mergers and acquisitions; and recent developments associated with the AI platform market. Competitive analysis of upcoming startups in the AI platform market ecosystem was also covered in this report.
Key Benefits of Buying the Report
The report would provide the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall AI platform market and its subsegments. It would help stakeholders understand the competitive landscape and gain more insights to better their business and plan suitable go-to-market strategies. It also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
The report also helps stakeholders understand the pulse of the AI platform market and provides them with information on key market drivers, restraints, challenges, and opportunities.